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service tax set off rule

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(Querist)
11 February 2011 what is the set off rule in case of capital work in progress
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
16 February 2011 As and when eligible capital goods recived the credit can be aviled 50% in the year of receipt and balance in subsequent year/s.

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